You cannot place a payout request if the settlement is pending. The settlement of funds is determined by the Exchange/SEBI.
Settlement cycle: Amount will settle on T+1 trading day for all segments
Please note: In case there is a bank or trading holiday between the date of selling to T+1 day, the settlement period will be extended accordingly.
Meanwhile, you can withdraw the available wallet balance by placing a withdrawal request from our trading platform through these steps:
Step 1: Login to the Upstox app using your 6-digit Pin or Biometric.
Step 2: Click on the ‘Account’ tab
Step 3: Click on ‘Withdraw funds’
Step 4: Enter the amount as per the ‘Available to Withdraw’
Step 5: Click on ‘Confirm withdrawal’
Step 6: You can check the expected Payout date and time.
In the Web portal
Step 1: Log in to the Upstox web platform
Step 2: Click On the 'Funds' tab
Step 3: Check ‘Available to trade’ & ‘Total cash’
